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Many people become frustrated by the price fluctuations in the middle while watching the market. In fact, if you think calmly: your profit or loss ultimately comes down to the difference between the entry price and the exit price. Whether it rises to the sky or falls to the ground in between has nothing to do with how much you ultimately gain or lose. Recognizing this point may help reduce anxiety and increase patience.
Really, those fluctuations in between are just noise; the key is still the prices for getting on board and exiting.
It sounds simple, but it's too difficult to actually do; I still get anxious watching the market.
I've understood this for a long time, but I can't help but keep confirming it again and again; that's just how people are.
Calmness is one thing, but everyone has to overcome their own mindset.
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It sounds simple, but executing it feels like a dream.
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Why do fluctuations halfway still affect our mindset? Knowing and doing are two different things.
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Damn, I understood this principle long ago, but seeing the fall still makes me want to Cut Loss.
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The theory is perfect, but reality is a bloody mess.
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It seems so simple, but in reality, no one can escape it.